Global economy going into recession, 2023 growth to slow
The World Bank slashed its global growth forecasts from projections it made in mid-2022 on the back of what it sees as broadly…
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Asia Economy
Singapore to raise goods and services tax in January
Singapore's goods and services tax will be raised to 8% in January 2023.Ore Huiying | Bloomberg | Getty ImagesCome Jan. 1,…
Facing climate change, Asia farmers turn to risky microfinance loans
The "microfinance" industry — long touted as a way to help poor, rural communities in developing countries — is pushing tens of…
China property stocks surged amid warnings of weak reality, high…
China's housing prices fell in October due primarily to falling prices in less developed, so-called Tier-3 cities, according to…
The world needs more economic alliances than security ones: Analyst
Countries should strike up more economic alliances than security and defense ones, as those could make the world "more…
K-pop ETF creator says Korean content is at an ‘inflection…
K-pop girl group BlackPink performed at The Late Late Show with James Corden airing Thursday, April 18, 2019. (Photo by Terence…
After two years of shipping snarls, things are starting to turn around
Container freight rates, which soared to record prices at the height of the pandemic, have been falling rapidly and container…
FAO food price index fell sharply in July but the respite may not last
Farmers harvest a wheat field near Melitopol in Ukraine. Wheat, soybean, sugar, and corn futures have fallen from their March…
JPMorgan hires scientist Charles Lim to head quantum-computing unit
Dr. Charles Lim, Global Head of Quantum Communications and Cryptography, JP Morgan ChaseCourtesy: JP Morgan ChaseJPMorgan Chase…
Women participation in Asia ecommerce is a $280 billion opportunity
Southeast Asia's e-commerce market could grow by more than $280 billion by 2030 if major online shopping marketplaces do more…